Montecito Bank & Trust Buys New Holdings in iShares 3-7 Year Treasury Bond ETF (NASDAQ:IEI)

Montecito Bank & Trust purchased a new position in shares of iShares 3-7 Year Treasury Bond ETF (NASDAQ:IEI) in the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor purchased 11,809 shares of the company’s stock, valued at approximately $1,412,000.

Other large investors also recently modified their holdings of the company. Empirical Financial Services LLC d.b.a. Empirical Wealth Management increased its holdings in iShares 3-7 Year Treasury Bond ETF by 2.8% in the 1st quarter. Empirical Financial Services LLC d.b.a. Empirical Wealth Management now owns 4,764 shares of the company’s stock valued at $552,000 after purchasing an additional 131 shares in the last quarter. Sequoia Financial Advisors LLC grew its stake in shares of iShares 3-7 Year Treasury Bond ETF by 46.0% in the third quarter. Sequoia Financial Advisors LLC now owns 3,068 shares of the company’s stock valued at $367,000 after buying an additional 967 shares in the last quarter. Nisa Investment Advisors LLC purchased a new stake in shares of iShares 3-7 Year Treasury Bond ETF during the 2nd quarter valued at about $9,445,000. Crescent Grove Advisors LLC acquired a new position in iShares 3-7 Year Treasury Bond ETF during the 2nd quarter worth approximately $212,000. Finally, Raymond James Financial Services Advisors Inc. boosted its holdings in iShares 3-7 Year Treasury Bond ETF by 3.0% in the 2nd quarter. Raymond James Financial Services Advisors Inc. now owns 189,793 shares of the company’s stock worth $21,915,000 after acquiring an additional 5,536 shares during the period.

iShares 3-7 Year Treasury Bond ETF Trading Down 0.5 %

IEI opened at $115.81 on Thursday. The firm’s 50 day moving average is $118.49 and its 200-day moving average is $116.84. iShares 3-7 Year Treasury Bond ETF has a 52-week low of $112.72 and a 52-week high of $120.33.

iShares 3-7 Year Treasury Bond ETF Increases Dividend

The firm also recently announced a monthly dividend, which was paid on Wednesday, November 6th. Stockholders of record on Friday, November 1st were paid a dividend of $0.3203 per share. The ex-dividend date was Friday, November 1st. This is an increase from iShares 3-7 Year Treasury Bond ETF’s previous monthly dividend of $0.32. This represents a $3.84 annualized dividend and a dividend yield of 3.32%.

About iShares 3-7 Year Treasury Bond ETF

iShares 3-7 Year Treasury Bond ETF (the Fund), formerly iShares Barclays 3-7 Year Treasury Bond Fund, is an exchange-traded fund (ETF). The Fund seeks investment results that correspond generally to the price and yield performance of the Barclays Capital U.S. 3-7 Year Treasury Bond Index (the Index).